World Bank experts warn of the risk of a " Developing countries, including Russia, will experience the greatest difficulties.. Covid, war, and slowness of the authorities are “to blame,” writes Meduza, citing a World Bank study.

In a new study, WB experts predicted a slowdown in potential economic growth rates - from 2.6% in the "

In general, the economy will “slow down” in countries covering 80% of world GDP. An additional slowdown factor for the countries of Europe and Central Asia will be the war in Ukraine.

Economic problems will entail social ones: it will become more difficult for states to deal with unemployment, poverty, climate crises and other challenges.

According to experts, in the next ten years there will be problems with all three components of economic growth - labor, capital and productivity. The world's population is aging, and this is becoming a problem not only for developed countries, but also for developing countries with their labor markets.. A capital crisis is the inability of many countries (primarily developing countries) to maintain the level of investment necessary for a balanced development of the economy and curbing inflation.. Finally, the problem of productivity is complexly related to the previous two: the shortage of personnel and investment does not allow industries to modernize effectively..

Large-scale investments and increased efficiency could “accelerate” the economy and destroy the pessimism of experts. But there is little chance of this: the states have already invested a lot of resources as part of the post-COVID recovery and are not ready for a new round of investments, and even if the necessary funds are allocated, the economy will most likely feel the effect of them only after a few years.

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Earlier, the European Central Bank called for attention to the vulnerability of the non-banking sector of the financial system, the ECB is closely monitoring the current market tensions.